Project Dark Eye Phase 1.5 Announcements & Updates

1. Overview

DEYE token is the utility token for Project Dark Eye, and is a crucial part of the ecosystem. To enable a healthy token economy for the long term, we have decided to allow tradings and usages of DEYE tokens early with the following announcements:

  1. DEYE tokens will be available to claim on 5/4 9:00 PM PST.
  2. DEYE tokens will be listed on Uniswap and an initial liquidity pool for DEYE/ETH will be provided at the time claiming is enabled.
  3. Marketplace (V1) will launch on 5/4 10:00 PM PST. DEYE token holders will be able to buy a selected range of NFTs with DEYE tokens in Marketplace (V1).

2. DEYE Token

On 5/4 9:00 PM PST, all wallet addresses that have a DEYE token balance will be able to access MY HUB (the platform exclusive to Project Dark Eye holders) and claim their DEYE tokens into their wallets. Only a gas fee is needed to claim the tokens.

DEYE tokens claimable from 5/4 9:00 PM PST
DEYE tokens claimable from 5/4 9:00 PM PST

DEYE token contract address: 0xe81b6ef5ef04972d9d0548848024058b59d00ff0
ETH-DEYE liquidity pool: 0xb690cb96839fe494a7427f9bb1da922872f4e2d2

Project Dark Eye team is supplying the initial liquidity pool with 5,000,000 DEYE and 3 ETH. More liquidity may be supplied by the team after the launch, in order to keep the slippage low.

3. DEYE-ETH Liquidity Pool

Project Dark Eye team is providing an incentive of 1,000,000 DEYE per day for DEYE-ETH Uniswap liquidity pool providers (starting 5/4 9:00 PM PST).

To start earning DEYE rewards as liquidity pool providers, you will need to

  1. Add liquidity to the DEYE-ETH Uniswap liquidity pool and receive you liquidity token
  2. Stake your liquidity token (through the interface on MY HUB) and start to receive rewards

You will then start to see your live earnings of DEYE tokens through MY HUB homepage. You will receive your DEYE reward when you unstake your liquidity token.

DEYE-ETH Liquidity Pool Staking
DEYE-ETH Liquidity Pool Staking

4. Marketplace (V1)

On 5/4 10:00 PM PST, the first version of the Marketplace will be launched on MY HUB and will be open to all Project Dark Eye holders (NFT holders and DEYE token holders).

Marketplace V1 launching 5/4 10:00 PM PST
Marketplace V1 launching 5/4 10:00 PM PST

In Marketplace V1, Project Dark Eye team will list NFTs for sale and DEYE token holders will be able to purchase the NFTs using the DEYE tokens in their wallets (can be acquired by claiming, or by trading on Uniswap). All NFTs in Marketplace V1 will be listed as dutch auctions. The initial price and the price declining rate will vary on the NFTs. The corresponding DEYE token amount + a gas fee is needed when purchasing an NFT in Marketplace V1. As soon as the purchase transaction finishes, the NFT will be transferred to the buyer immediately. All DEYE tokens that are used to buy NFTs in Marketplace will be burned.

The NFTs to be listed in the Marketplace are acquired by Project Dark Eye team and are kept in this vault address: 0x3AF7e24F2246998D9A873DBFB410C15affff1cAB.

See you all on 5/4!

(Time Machine minting is now live on ProjectDarkEye.com until sold out)

Subscribe to Project Dark Eye
Receive the latest updates directly to your inbox.
Verification
This entry has been permanently stored onchain and signed by its creator.